The local currency has declined over 2% since December on worries over India's slowing growth and expectations that central bank may cut rates as soon as February. Line chart showing rupee's ...
Cred has introduced the e-Rupee wallet in partnership with Yes Bank, under the RBI's CBDC initiative. This wallet enables UPI-linked transactions and imposes daily and per-transfer limits.
MUMBAI, Feb 5 (Reuters) - The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low amid broad-based interbank dollar demand ...
The Indian rupee fell to an all-time low on Monday, experiencing its largest single-day drop in nearly two years. The decline was due to a strong U.S. dollar and potential outflows from local equities ...
MUMBAI (Reuters) - The Indian rupee slumped to a fresh all time-low and logged its biggest single-day decline in nearly two years on Monday, bogged down by a surging U.S. dollar, likely outflows ...
The RBI on Friday asked banks to use only the '1600xx' phone numbering series to call customers for transactional purposes with a view to preventing financial fraud.